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More about OANDA
Broker availability
Is OANDA Available in 🇪🇸 Spain?
No — OANDA is not available in Spain
OANDA does not accept new account registrations from Spain as of 2026. See alternatives available in Spain ↓
Availability last verified: October 2026
Broker availability in 🇪🇸 Spain
147 / 341 brokers147 out of 341 brokers in our database accept clients from Spain (43% availability). See all available brokers →
Find a broker available in Spain
OANDA doesn't accept Spain traders — get matched to one that does, by market, style and budget.
Trading regulation in 🇪🇸 Spain
Regulator
CNMV (Comisión Nacional del Mercado de Valores) + ESMA
Max leverage (forex)
1:30
Max leverage (stocks)
1:5
Permitted instruments
Forex, CFDs, Stocks, ETFs, Options
Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
OANDA vs alternatives in 🇪🇸 Spain
| Regulator | KNF, ASIC | FCA, CySEC | FCA, ASIC | MAS, ASIC |
| Min. deposit | $0 | $100 | $100 | $100 |
| Spread from | 0.6 pips | 1 pips | 0.6 pips | 0.9 pips |
| Max leverage | 50 | 500 | 500 | 400 |
| Available | ✗ No | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Recommended brokers available in 🇪🇸 Spain
These brokers accept clients from Spain and are regulated by reputable authorities.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- Good educational content
- Regulated in 6 jurisdictions
- No commission on most accounts
- 24/7 trading on synthetic indices
- No commission on most products
- Very low minimum deposit ($5)
Other brokers also not available in 🇪🇸 Spain
These well-known brokers also do not accept clients from Spain.
About OANDA
Regulated by
KNF, ASIC
Headquarters
New York, USA
Founded
1996
Min. deposit
$0
BrokerRank score
4.34 / 5
Markets
cfd, commodities, indices
Frequently Asked Questions
1Is OANDA available in Spain?
No — OANDA does not accept clients from Spain as of 2026. This is due to regulatory restrictions. Traders from Spain should look for brokers that are locally licensed or specifically accept Spain clients.
2Why is OANDA not available in Spain?
OANDA has chosen not to accept clients from Spain, likely due to local regulatory requirements or compliance decisions. Brokers sometimes exclude certain countries to limit regulatory overhead.
3What are the best alternatives to OANDA for Spain traders?
Brokers we recommend in Spain include ForTrade, FxPro, AvaTrade. All are verified to accept clients from Spain and are regulated by reputable authorities.
4Can I use a VPN to access OANDA from Spain?
Using a VPN to circumvent geo-restrictions violates OANDA's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
5Is forex trading legal in Spain?
Yes — forex trading is legal in Spain and regulated by CNMV (Comisión Nacional del Mercado de Valores) + ESMA. The maximum permitted leverage for forex is 1:30. Only brokers licensed in Spain or operating under an approved passporting arrangement can legally serve retail clients.
6What leverage is available for traders in Spain?
Forex: up to 1:30. Stocks: up to 1:5. These limits are set by CNMV (Comisión Nacional del Mercado de Valores) + ESMA and apply to all licensed brokers serving Spain residents. Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
7Which financial instruments can traders in Spain access?
Traders in Spain regulated by CNMV (Comisión Nacional del Mercado de Valores) + ESMA can access the following instruments: Forex, CFDs, Stocks, ETFs, Options. Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
8Which brokers accept clients from Spain?
147 out of 341 brokers in the BrokerRank database accept clients from Spain. Recommended options include ForTrade, FxPro, AvaTrade. You can see the full list on our Spain brokers page.